Monday, 4 April 2016

Letter To Editor : TfL Card Scam.....from Noel Oats.


My first question, is the fact TFL are imposing credit card fees on the drivers legal?
 
I am a driver and an independent business. 
How can it be that an outside organisation ( TFL)
can pick and choose  a financial product for me without contacting me directly prior to any 
changes. I have not been given any chance to reject these amendments by TFL  which surly is my right as with any other financial product I could be offered.  Neither have I been given a cooling off period to consider these amendments.

Are TFL licensed to give financial advice by the Financial Services Authority ( FSA) ?
I have not been given a chance to seek alternative financial advice which is my right by law.
I have received none of the standard health warnings that come with this financial product.
In my opinion TFL have absolutely no right to pick and choose  a credit card system for me.
As long as I am able to accept credit/debit cards, that should be enough.
 
When a customer makes a booking for a hotel reservation in one of the  thousands of hotels in the City using a credit or debit card.
They do so in the full knowledge that there may be a booking fee charged by the hotel. This fee is paid by the customer and not the hotel.
 
Its the same if you purchase items from your corner shop using a card. The retailer may add a small charge for the transaction.
Again the customer pays and not the retailer.
 
Why are London taxi drivers being asked to pay for these card transactions, w
hen no other small business  has to?
 
This can not be legal? 
 
Someone with some financial and legal experience needs to look into this urgently. Its a scam.
 


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